iShares MSCI South Korea ETF $EWY Shares Sold by MRA Advisory Group

MRA Advisory Group trimmed its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 12.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,831 shares of the exchange traded fund’s stock after selling 6,887 shares during the period. iShares MSCI South Korea ETF comprises about 3.5% of MRA Advisory Group’s investment portfolio, making the stock its 7th largest position. MRA Advisory Group’s holdings in iShares MSCI South Korea ETF were worth $9,657,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Viewpoint Capital Management LLC grew its holdings in shares of iShares MSCI South Korea ETF by 20,000.0% during the first quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 200 shares in the last quarter. Archer Investment Corp purchased a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at approximately $25,000. Prestige Wealth Management Group LLC purchased a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at approximately $25,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in iShares MSCI South Korea ETF during the fourth quarter worth approximately $26,000. Finally, Parallel Advisors LLC acquired a new stake in iShares MSCI South Korea ETF during the first quarter worth approximately $29,000. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $166.09 on Friday. The stock has a market capitalization of $24.12 billion, a P/E ratio of 10.35 and a beta of 1.49. iShares MSCI South Korea ETF has a one year low of $70.93 and a one year high of $220.89. The company has a 50 day moving average price of $183.96 and a two-hundred day moving average price of $158.00.

iShares MSCI South Korea ETF Company Profile

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.